16 Feb 2016
YANGARRA RESOURCES LTD. (YGR) ANNOUNCES 2015 YEAR END CORPORATE RESERVES INFORMATION
Impact: Slightly positive. Yangarra reported lower y/y reserves on a per share basis, but incorporated higher NPVs given improvements to play economics for the Company's core properties in central Alberta. For the year ended 2015, Deloitte has assigned PDP reserves of 5.6 mmboe, 1P reserves of 24.7 mmboe, and 2P reserves of 40.6 mmboe. This resulted in y/y per share growth of -18% for PDP, 3% for 1P, and -7% 2P. The Company noted significant improvements to economics throughout its central Alber ....
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YANGARRA RESOURCES LTD. (YGR) ANNOUNCES 2015 YEAR END CORPORATE RESERVES INFORMATION
Yangarra Resources Ltd. (YGR:TSE) | 0 0 -0.4% | Mkt Cap: 405.3m
- Published:
16 Feb 2016 -
Author:
Michael Hearn -
Pages:
2
Impact: Slightly positive. Yangarra reported lower y/y reserves on a per share basis, but incorporated higher NPVs given improvements to play economics for the Company's core properties in central Alberta. For the year ended 2015, Deloitte has assigned PDP reserves of 5.6 mmboe, 1P reserves of 24.7 mmboe, and 2P reserves of 40.6 mmboe. This resulted in y/y per share growth of -18% for PDP, 3% for 1P, and -7% 2P. The Company noted significant improvements to economics throughout its central Alber ....